User Account

All Pages

Find the sales dollars required to generate a profit

Assignment Help Financial Management
Reference no: EM132364240

Question

The manager of Dukey's Shoe Station estimates operating costs for the year will include $495,000 in fixed costs.

Required:

a. Find the break-even point in sales dollars with a contribution margin ratio of 40 percent.

b. Find the break-even point in sales dollars with a contribution margin ratio of 20 percent.

c. Find the sales dollars required to generate a profit of $250,000 for the year assuming a contribution margin ratio of 40 percent.

Reference no: EM132364240

Questions Cloud

What is a learning organization : What is a learning organization? How does a learning organization influence its employees?
Were not able to complete project on time : Tell me about a time when you were not able to complete project on time.
Discuss characteristics of virtual teams : Discuss characteristics of virtual teams. Discuss the importance of establishing trust in virtual teams. Present evidence supporting your main ideas.
Describe the extent of global engagement of whole foods : Briefly describe the extent of global engagement of whole foods.
Find the sales dollars required to generate a profit : Find the sales dollars required to generate a profit of $250,000 for the year assuming a contribution margin ratio of 40 percent.
Describe the reasons for having a totally anonymous means : Describe the reasons for having a totally anonymous means of accessing the internet. Please also discuss the dangers of that same internet.
Industry of choice are distinguished or differentiated : Organisational differences: the factors in which organisations competing in your industry of choice are distinguished or differentiated
What are some key themes you notice in stan self-report : Briefly in your own words, what are some key themes you notice in Stan's self-report that contribute to his seeking therapy? This assignment is to be completed.
Participate in information systems decision of organizations : Why do managers need to understand and participate in the information systems decisions of their organizations?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd